TDS on GST applicable on insurance premium paid by PSU
This query is : Resolved
Quick Summary
Mayank Gupta
(Querist)
01 May 2020
is TDS on GST applicable on insurance premium paid by Govt. Company ( premium amount > 2.5 Lakh )
CA R SEETHARAMAN
(Expert)
02 May 2020
Yes it will fall under contract for insurance.
08 May 2020
Yes TDS will be applicable on Premium Amount Ex GST
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